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Why the GOP tax plans won’t solve the biggest economic problem

The GOP is betting its control of Congress on the passage of tax cuts, but in interviews with economists, we found little confidence that either the House or Senate proposals would boost GDP growth and wages, the stated aims.

Data: Inflation data from BEA retrieved via Federal Reserve Bank of St. Louis, Productivity data from BLS retrieved from "No Recovery: An Analysis of Long-Term U.S. Productivity Decline"; Chart: Andrew Witherspoon / Axios